PARKE BANCORP INC (PKBK) Technical Analysis
NASDAQ:PKBK • US7008851062
Current stock price
PKBK Technical Rating and Analysis
Overall PKBK gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PKBK is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that PKBK is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by PKBK over the past year are nicely spread over this period.
- PKBK is part of the Banks industry. There are 376 other stocks in this industry. PKBK outperforms 94% of them.
- PKBK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PKBK is lagging the market slightly.
- In the last month PKBK has a been trading in the 27.94 - 31.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PKBK Weekly and Daily overview Charts
PKBK Setup Rating and Analysis
Although PKBK has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
PKBK Support and Resistance Analysis
21.97
We found 5 important support areas.
- A support zone ranging from 29.79 to 29.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 27.79 to 29.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.05 to 27.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.04 from a trend line in the weekly time frame.
- Support @22.19 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 30.43 to 30.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
PKBK Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for PKBK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PKBK is up. |
| ChartMill Relative Strength | 85.38 | POSITIVE | PKBK has a high relative strength, it outperformed 85.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PKBK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PKBK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PKBK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.5 | NEUTRAL | The RSI value for PKBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests PKBK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.92 | NEUTRAL | The Stochastics value for PKBK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for PKBK suggests some volalility. |
| Average Directional Index/ADX (14) | 29.24 | POSITIVE | The high ADX value value for PKBK suggests a strong trend. |
PKBK Chart- and CandleStick Pattern Analysis
PKBK Technicals: Chart, Performance Metrics, Trend & Indicators
29.84
-0.07 (-0.23%)
PARKE BANCORP INC / PKBK TA FAQ
Can you provide the ChartMill technical rating for PARKE BANCORP INC?
ChartMill assigns a technical rating of 10 / 10 to PKBK.
What is the current trend direction of PARKE BANCORP INC (PKBK) stock?
The current trend direction for PARKE BANCORP INC (PKBK) is Bullish.
What is the RSI signal for PARKE BANCORP INC (PKBK) stock?
PARKE BANCORP INC (PKBK) has an RSI value of 62.504. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for PARKE BANCORP INC?
The buy/sell signal for PARKE BANCORP INC (PKBK) is buy as both the short term and long term trends are positive.
What is the support and resistance level for PKBK stock?
PARKE BANCORP INC (PKBK) has a support level at 29.82 and a resistance level at 30.43. Check the full technical report for our detailed analysis of PKBK support and resistance levels.